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Bitcoin is now trying to reach the $11,150.8 level. If the bullish momentum is strong, the $11,318.8 level is likely to be reached too. Please pay attention to the $10,794.31 level. If this cryptocurrency pulls back and closes below $10,794.31, then the upward momentum will be halted and Bitcoin will enter into the sideways phase.
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The material has been provided by InstaForex Company - www.instaforex.com